Image source: EquityBulls
Satin Creditcare Network Ltd is set to evaluate a major fundraising proposal via nonconvertible debentures (NCDs), aiming to strengthen its lending capacity and expand financial inclusion efforts.
Key Highlights:
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The board will meet on June 27, 2025, to consider raising up to Rs 5,000 crore through NCDs in one or more tranches via private placement.
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The issuance will be subject to shareholder approval and regulatory clearances under applicable laws.
Strategic Context:
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Satin Creditcare is among India’s top microfinance institutions, operating across 26 states and 95,000 villages.
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The funds will support its diversified lending portfolio, including MSME loans, affordable housing finance, and business correspondent services.
Financial Snapshot:
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The company reported a Q4 FY25 net profit of Rs 21.89 crore, down 82.9% YoY, with total income declining 3.8% to Rs 622.50 crore.
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The move is seen as a step to stabilize earnings and fuel longterm growth.
Sources: Business Standard, MoneyWorks4Me, Angel One.
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